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Ralph Lauren revenue rises 1% on stable demand in Europe, China

by David Johnson
Ralph Lauren revenue rises 1% on stable demand in Europe, China

By Reuters Published Aug 7, 2024 Ralph Lauren Corp posted a rise in quarterly revenue on Wednesday, benefiting from steady demand for its pricey denims and polo shirts in Europe …

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​Paul Smith links with Centra for e-commerce and digital wholesale boost

by David Johnson
​Paul Smith links with Centra for e-commerce and digital wholesale boost

Paul Smith is ramping up its focus on its digital ops — from DTC e-commerce to digital wholesale — and allying it closely to its physical retail business as it …

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Next Games will have more product placement, commercial opportunities — IOC

by Lionel Rogers
Next Games will have more product placement, commercial opportunities — IOC

By Reuters Published Aug 7, 2024 From selfies with Samsung phones on the podium to Louis Vuitton cases at the opening ceremony, the Paris Olympics have widened the scope for …

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Shopify beats estimates for quarterly results on AI boost, shares soar

by Lionel Rogers
Shopify beats estimates for quarterly results on AI boost, shares soar

By Reuters Published Aug 7, 2024 Shopify beat analysts’ estimates for second-quarter results and forecast upbeat sales growth as its AI-enabled tools attracted more merchants to its e-commerce services, sending …

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Vans owner CEO says turnaround bid Is starting to gain steam

by David Johnson
Vans owner CEO says turnaround bid Is starting to gain steam

By Bloomberg Published Aug 8, 2024 After a year on the job, the chief executive officer of beleaguered Vans owner VF Corp. says the worst of the apparel maker’s “horror …

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Nike sees gold rush with summer Olympics driven website visits, sales

by David Johnson
Nike sees gold rush with summer Olympics driven website visits, sales

By Reuters Published Aug 8, 2024 The summer Olympics is turning out to be a rare win for Nike as the global sporting event has helped boost demand for the …

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From Departamento to Toteme, new fashion boutiques compete with the finest design

by Lionel Rogers
From Departamento to Toteme, new fashion boutiques compete with the finest design

Occupying large spaces, hidden away in the back of a coffee-shop or in unusual neighborhoods, the latest fashion boutiques compete with their fine concept designs. Among the dozens of stores …

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Allbirds remains lossmaking but CEO hails “financial progress”

by Lionel Rogers
Allbirds remains lossmaking but CEO hails “financial progress”

Sustainable footwear and apparel specialist Allbirds said on 7 August that second quarter net revenue decreased 26.8% to $51.6 million versus a year ago, within the company’s guidance range. Allbirds …

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French lingerie brands heat up intimate apparel market with a sultry runway show

by David Johnson
French lingerie brands heat up intimate apparel market with a sultry runway show

While all eyes may be on Paris for the Olympics, another group of its countrymen brought another famous savoir-faire, intimate apparel to the Big Apple’s attention. During the key lingerie …

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Under Armour posts surprise profit on higher margins, leaner inventory

by David Johnson
Under Armour posts surprise profit on higher margins, leaner inventory

By Reuters Published Aug 9, 2024 Under Armour posted a surprise first-quarter profit on 8 August on margins boost from selling its sports apparel at full price and lower inventory at …

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